ITIS Holdings PLC
09 February 2004
FOR IMMEDIATE RELEASE Monday 9th February 2004
ITIS AWARDED MAJOR CONTRACT FROM THE DEPARTMENT FOR TRANSPORT FOR CONGESTION
MONITORING DATA
ITIS Holdings plc (ITIS) today announces that the Department for Transport
(DfT), who maintain and improve the network of trunk roads and motorways in
England, has awarded ITIS a significant 3 year contract worth £1.25 million in
its first year and a further £1 million per annum thereafter. The contract which
starts with immediate effect enables the DfT to licence ITIS' historic Floating
Vehicle Data (FVD) to measure congestion across the road network.
ITIS has developed and now operates the world's largest FVD(R) system using
information gathered from tens of thousands of cars, coaches and commercial
vehicles, all of which are equipped with position enabled devices. Data is
gathered by ITIS in real time and stored for historic analysis.
Under the terms of the agreement, the DfT will purchase historic data from ITIS
for the last 3 years and will also receive regular future updates enabling
statisticians to measure the ongoing impact of congestion. ITIS data will also
be made available to local authorities in England to help them produce and
measure the effectiveness of Local Transport Plans. It is expected that this
will lead to additional revenues for ITIS from the sale of historic and also
real time data for network monitoring and other purposes. Data will also be
used to calibrate Journey Planning applications on the Transport Direct website.
The contract has been awarded after an extensive feasibility study was carried
out on behalf of the DfT by consultants Mouchel Parkman and academics from the
Centre for Transport Studies at Imperial College in London.
Commenting Stuart Marks, Chief Executive of ITIS said: 'The Department for
Transport oversees the delivery of a reliable, safe and secure transport system
and as congestion continues to effect journey times we are delighted that our
FVD will play an important part in decision making at both national and local
level. This contract proves without doubt the flexibility of FVD and our
ability to support the commercial sector with real time information for services
such as RDS TMC and the public sector in contracts such as this.
ITIS data will now support the DfT, the Highways Agency and Transport for London
in their decision making on congestion issues'
The Department for Transport said: ' The data that the DfT is buying will give
both national and local government much better information on the pattern and
location of congestion on urban and inter-urban roads. By improving our shared
understanding of congestion, this new data will improve our collective ability
to tackle it effectively. It will provide a strong basis for planning and
managing the flow of traffic on England's roads.'
Ends
Contacts:
Stuart Marks, Chief Executive, ITIS Holdings plc - 0161 929 5788
Ginny Pulbrook, Citigate Dewe Rogerson - 0207 638 9571
Note to editors:
ITIS Holdings plc, listed on Aim, is the UK's leading provider of traffic
information and vehicle security services.
ITIS has invested in the development of a unique system for the collection and
analysis of traffic information; it combines information from the AA traffic
control centres with ITIS Historic and real-time Floating Vehicle Data (FVD) to
provide Journey time forecasts and real-time updates. ITIS now operates the
largest commercial application of FVD anywhere in the world, and delivers the
content over a variety of platforms including RDS-TMC (Alert C), digital radio
and automated telephone services (IVR) under the AA RoadWatch brand.
Through its NavTrak business (www.navtrak.com), ITIS has developed a unique and
innovative stolen vehicle tracking service delivered via GPS/GSM technology,
which offers theft alerts, vehicle tracking and police liaison throughout
Europe.
• Detection of theft - even when owner's keys have been taken. (Automatic
Driver Recognition - ADR)
• Automatic GPS tracking of stolen vehicles (Stolen Vehicle Recovery)
• Theft alerts, GPS tracking and police liaison covering 20 European
countries (EUROWATCH)
• Instantaneous position report to any mobile phone (AutoTrak)
• Mileage reports to show trips and cumulative distances travelled
(Journey Diary)
For further information on the Company please visit our website at
www.itisholdings.com or www.navtrak.com
This information is provided by RNS
The company news service from the London Stock Exchange
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